Cabral Gold releases additional assays from its Cuiú Cuiú gold district in Brazil

Cabral Gold releases additional assays from its Cuiú Cuiú gold district in Brazil

Proactive Investors

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Cabral Gold Inc has provided additional assay results from four recently completed diamond drill holes and four reverse circulation (RC) holes at its Cuiú Cuiú gold district, located in the Tapajós Region, within the state of Pará in northern Brazil. Highlights from the holes include: DDH-218 drilled at MG returned 63.5 meters (m) at 0.9 gram per ton (g/t) gold from 53.5m depth including 0.5m at 12.7 g/t gold, 0.5m at 13.1 g/t gold and 0.5m at 16.2 g/t gold. This intercept is the continuation of the zone intersected in hole CC-53 which returned 71.5m at 3.5 g/t gold including 1m at 216.4 g/t gold Additionally, 21 short RC holes have been completed at MG in order to test the extent of the recently discovered gold-in-oxide blanket. Results were obtained on three additional holes and include 75m at 0.4 g/t gold in RC-69, 33m at 0.7 g/t gold in RC-100 and 24m at 0.8 g/t gold in RC-91. READ: Cabral Gold reveals new drill results from Morro da Lua target; adds two new rigs to boost drill program at Cuiú Cuiú Results are currently pending on 17 additional RC holes at MG. In total, 2,900m and 34 holes of the original planned 5,000m 70-hole program have been completed to date at the gold-in-oxide blanket at MG.  The company is currently conducting infill drilling at the primary MG gold deposit, and the recently identified gold-in-oxide blanket within the Cuiú Cuiú gold district.  "Additional diamond drilling at the MG gold deposit continues to systematically intersect significant gold intersections and define the extent of the high-grade zones within the MG gold deposit,” Alan Carter, Cabral's president and CEO said in a statement.  “Furthermore, the latest RC holes from the gold-in-oxide blanket at MG continue to suggest the continuity of excellent grades in near-surface unconsolidated material and the presence of a significant gold deposit overlying the primary MG gold deposit,” he added. “With the decision to expand the current number of drill rigs from three to five with the addition of two more diamond drill rigs, we look forward to a very exciting next 12 months." The drill program is ongoing.   Contact the writer at georgia@proactiveinvestors.com Follow her on Twitter @MissInformd

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